Gabbe Industries is a division of a major corporation. Last year the division had total sales of $23,437,500, net operating income of $3,796,875, and average operating assets of $6,250,000. The company's minimum required rate of return is 12%.Required:a. What is the division's margin? (Round your percentage answer to 2 decimal places.)b. What is the division's turnover? (Round your answer to 2 decimal places.)c. What is the division's return on investment (ROI)? (Round percentage your answer to 2 decimal places.)a.Margin%b.Turnover?c.Return on investment%
What will be an ideal response?
| a. | Margin | 16.20% |
| b. | Turnover | 3.75? |
| c. | Return on investment | 60.75% |
You might also like to view...
Marketers of retail giants such as Walmart have learned that people tend to buy certain products at the same time, for example, toothpaste and dental floss or paper towels and paper plates. Knowing this, Walmart will promote and display these products together. To uncover these customer purchasing patterns, marketers use
A. qualitative research. B. data mining. C. data isolation. D. sentiment mining. E. secondary data collection.
In a logical DFD for a B/AR/CR process, you would expect that a credit memo would be sent by the B/AR/CR process to the customer from which of the following processes?
A. perform billing B. manage customer accounts C. receive payment D. validate sales order
A(n) ________ is a notation used to define a data element, for display or other purposes, in Web pages
A) HTML tag B) IP address C) domain D) WNIC
Which organization helps define the overall structure of the Internet?
A) None (no one "owns" the Internet) B) W3C C) ICANN D) IAB E) HTTP